A cut in January, then a pause: what jobs data means for Bank of Canada and interest rates
“Given the still-elevated unemployment rate and the cooler wage readings, the latest labour market data still leaves the Bank of Canada in a position to cut rates,” Mendes said. He expects the Bank of ...
Posthaste: Here's one thing Canadians can do in 2025 to tackle debt and financial anxiety
One remedy to heal broken finances, say TikTok users, is a no-spend January or year. The social media feed is full of mostly ...
Jack Mintz: Canada's 'Maple Model' for pensions loses some of its lustre
This disappointing recent performance of Canadian funds is what has raised doubts in the U.K. about the Maple Model. Being ...
Mortgage rates shake off turkey coma, start moving up and down
Mortgage rates are waking up from their holiday slumber and finally starting to move. Depending on whether you need a default ...
Canada's job gains smash expectations and unemployment rate drops
The employment rate rose to 60.8 per cent, the first increase since January 2023. Statistics Canada attributed the rise in the employment rate to slower population growth in the second half of 2024.
Canada's oilpatch ramping up production in 2025 despite tariff threat
Whitecap is forecasting that crude prices may be volatile, “but on balance robust” in 2025, particularly as a weak Canadian dollar tends to work to the benefit of exporters. The company’s price ...
Bundled pricing: how the best mortgage rates increasingly come with strings attached
For those who don’t want other bank products, mortgage rates can sometimes be 10 to 15 basis points higher. On a standard new $500,000 mortgage with 25-year amortization, an additional 15 basis points ...
Maple Leaf Foods raising quarterly dividend, works to complete pork spin off
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. is raising its quarterly dividend by nine per cent as it works to complete a spin off its pork business. The company says it will pay a quarterly dividend of ...
Trump trying to distract from tariff costs with 51st state remarks, Trudeau says
OTTAWA — Prime Minister Justin Trudeau says that incoming U.S. president Donald Trump is trying to distract from how costly his tariffs will be for American consumers by talking about making Canada ...
Tariff fears spark disconnect in silver and copper markets
Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs on the metals as part of a ...
Japan's Household Spending Falls, Weighing on BOJ Rate Hike Path
In late 2024, Prime Minister Shigeru Ishiba added fresh aid for low-income households to cope with inflation, through his ...
Perma-Pipe International Holdings, Inc. Announces $43 Million Contract Award in the Middle East Region
This project will utilize Perma-Pipe’s anti-corrosion coatings capabilities, fabrication, and the TRACE-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density ...